1028                               Laws of Maryland                        [Ch. 471

7-603.

(1)  Every person registering an uninsured motor vehicle in this
State for a registration license year shall pay at the time of regis-
tering it, in addition to any other fee prescribed by any other law,
a fee of eight ($8.00) dollars;

(2)  Every person registering any other motor vehicle in this State
for a registration license year shall pay at the time of registering it,
in addition to any other fee prescribed by any other law, a fee of one
($1.00) dollar. If the motor vehicle becomes an uninsured motor
vehicle at any time during this period the person shall immediately
notify the Commissioner thereof, and shall pay the difference be-
tween the fee prescribed in this subsection and the fee prescribed
in paragraph (1) or return his registration certificate and plates;

(3)   On or before March 31, in each year, each insurer shall pay
to the Treasurer a sum equal to ½ of 1% of its net direct written
premiums for the previous calendar year as shown in its annual
statement filed with the Commissioner of Insurance;

(4)   On or before December 30 in each year, and in the case of
the assessment against insurers provided for in sub-paragraph (i)
below, at such time or times during the year as is necessary to insure
the solvency of the fund, the Unsatisfied Claim and Judgment Fund
Board shall calculate the probable amount which will be needed to
carry out the provisions of this part during the ensuing registration
license year. If, in its judgment, the estimated balance of the fund
at the beginning of the next registration license year will be insuffi-
cient to meet the needs, the Board shall recommend to the Commis-
sioner and the Commissioner shall assess the estimated deficiency:

(i) Against insurers, an aggregate sum which shall not exceed
2% of the aggregate net direct written premiums of all insurers
during the preceding calendar year as shown by the records of the
Insurance Commissioner, which assessment shall not be deducted
from any other assessment or tax required by law, provided, that the
aggregate sum shall be apportioned among insurers in the propor-
tion that the net direct written premiums of each bears to the aggre-
gate net direct written premiums of all insurers during the preceding
calendar year as shown by the records of the Commissioner of
Insurance; and

(ii) Against those persons registering uninsured motor vehicles
during the ensuing registration license year the remainder of the
estimated deficiency, with each person paying for each uninsured
motor vehicle he registers a sum to be determined by dividing the
remainder of the estimated deficiency by the number of uninsured
motor vehicles registered during the last preceding registration
license year; provided that for the purpose of rounding out the
amount so determined the Unsatisfied Claim and Judgment Fund
Board, in its discretion, may increase it by a sum not exceeding forty-
nine cents ($.49). Whenever the formula under the previous sentence
results in a fee for uninsured motorists which in the opinion of the
Board may be difficult of collection because of the amount of the
fee, the Board in its discretion, may set the uninsured fee at a
lesser sum which is more collectible and which will produce optimum
revenue for the fund. Any person registering a motor vehicle other
than an uninsured motor vehicle, if the motor vehicle becomes an